Michael Boneham will take charge of Ford India and become its fifth managing director. Mr. Boneham is currently the Executive Director (Operations) and will take over as the new Managing Director of Ford India.
He will succeed Arvind Mathew who has been shifted to a leadership role in the global product development team. Mr. Mathew has been heading Ford India since the last five years will move to Ford Motor Company’s world headquarters Michigan.
The process of transition had been on since October and the change of guard would happen smoothly. Mr. Boneham will bring with him two decades of experience in the Ford Group and served at several destinations across the globe. Prior to coming to India in August 2007, Mr. Boneham served as Manufacturing Director (Asia Pacific and Africa) in Ford Motor Company’s regional headquarters in Bangkok.
Mr. Boneham’s rise to the top slot comes at a time when Ford India is in the midst of expansion. In January, Ford Motor Company had committed an additional Rs.2,000 crore investment into the Maraimalai Nagar facility. This investment would be utilised to set up the small car facility, expand the current production base and establish a fully integrated engine making plant.
